Under the Pensions Act 2008, every employer in the UK must put eligible staff into a pension scheme and contribute towards it. This is called automatic enrolment. It is a government initiative to help more people save for retirement. All businesses have to comply with the regulations and enrol eligible employees into workplace pension schemes.
We help businesses with automatic enrolment compliance and provide ongoing assistance and guidance throughout the process. This includes identifying the duties start date, setting up your pension arrangements, managing your pension within the payroll function and ensuring that you are fully auto enrolment compliant. Every three years we will manage the obligations of the re-enrolment process and submit the a Declaration of Compliance to the Pensions Regulator.
Employers now have automatic enrolment responsibilities as soon as the first employee is taken on. We can help communicate with your employers and the Pensions Regulator, calculate the deductions and provide the details to the pension provider.
Please contact us to find out how we can help or to arrange an initial free meeting.